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Trek-X Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582640896 ✦ Brentwood, TN ✦ Designated as a 501(c)(3)

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Overview

What is Trek-X Inc?

Trek-X Inc, located in Brentwood, Tennessee, is a nonprofit organization with a mission to trek, train, and launch missionally-minded individuals to spread Christianity and cultivate disciples among underserved communities globally. With a small team of five employees, Trek-X Inc is dedicated to this cause, providing resources and guidance to help believers embark on their journeys. Their work is centered around equipping and empowering individuals to share their faith and build spiritual communities among the under-reached population.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 47%, Zero-Star out of Four Star rating.

Trek-X Inc has received a low rating of 47%, indicating serious concerns regarding its accountability and financial practices. Notably, the organization has a fully independent board, which is a positive aspect, but it fails significantly in other areas. The absence of financial statements and critical governance policies like a conflict of interest policy and a whistleblower policy raises red flags about transparency and operational integrity.

Despite a program expense ratio of 62.5%, indicating some funds are directed toward its mission, the high liabilities to assets ratio of 81.2% suggests financial instability. Additionally, critical documentation such as the tax form and program information is reportedly missing from its website, which further undermines stakeholder confidence. Overall, while there are elements of good governance present, the lack of essential documentation and policies makes it challenging to endorse Trek-X Inc as a responsible nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Trek-X Inc legitimate?

Trek-X Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trek-X Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $92,180
Professional Fundraising Fees: $0
Other Salaries and Wages: $282,182

For more financial information, click here

What is the mission statement of Trek-X Inc?

Trek-X Inc, as an organization, is dedicated to trekking, training, and launching missionally-minded believers to share their faith and make disciples among the unreached populations. Their mission is to empower these individuals to spread Christianity and guide them towards creating disciples, focusing on those who have yet to be reached. The organization provides resources and training to prepare these believers for their mission, equipping them with the necessary skills and knowledge to effectively share their faith and make a difference in the lives of others.

Who is the CEO of Trek-X Inc?

Warren Corwin is the Treasurer of Trek-X Inc.

What is the revenue of Trek-X Inc?

Trek-X Inc's revenue in 2020 was $1,120,217.

Who are the executives of Trek-X Inc and what are their salaries?

The average compensation at Trek-X Inc during 2020 was $74,872. There are 5 employees at Trek-X Inc.


Here are 3 key members and their salaries:


Richard C White (Chairman)
  • Compensation: $92,180
  • Related: $0
  • Other: $0
Warren Corwin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon James (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Trek-X Inc?

Trek-X Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Trek-X Inc

Trek-X Inc, as a nonprofit organization, is dedicated to a mission that involves trekking, training, and launching missionally-minded believers to share their faith and make disciples among the unreached population. Their primary objective is to equip these believers with the necessary skills and resources to spread the message of Christ to those who have yet to hear it. By embarking on journeys and undergoing training, these individuals are prepared to go forth and establish connections with individuals from diverse backgrounds and cultures, ultimately leading to the creation of new disciples. Through this mission, Trek-X Inc plays a crucial role in expanding the reach of Christianity and fostering spiritual growth among those who are often overlooked.

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Impact




July, 2024

Trek-X Inc's impact lies in its mission to trek, train, and launch missional believers to share Christ and make disciples among the unreached. Through their activities, Trek-X is actively working to spread the message of Christianity and help individuals deepen their faith while reaching out to communities that have not been traditionally reached by these beliefs. Their focus on training individuals to carry out this mission demonstrates a commitment to building a network of empowered and dedicated believers who can make a lasting impact on the communities they serve.




This information is meant to be a general summary of Trek-X Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,120,217 (2020)
Expenses
$1,185,659 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $19
  • Gross Receipts: $1,166,339

Assets and Liabilities:

  • Total Assets: $204,294
  • Total Liabilities: $165,918
  • Net Assets: $38,376

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Organization Details

Founding Year

2001

Principal Officer

Warren Corwin

Main Address

8011 BROOKS CHAPEL RD 682, BRENTWOOD, TN, 37027

NTEE Category

Code: X20 - Religion related

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